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Flowers to Chennai, Gifts to Chennai. |
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Send flowers to Mumbai
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Flowers to Dubai
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Burj Khalifa is the tallest building in the world, and the magnificent
centerpiece of Downtown Dubai, a new, world-class destination. Visit the jewel
of Dubai, Dubai is a city and emirate in the United Arab Emirates (UAE).
The emirate is located south of the Persian Gulf on the Arabian Peninsula and
has the largest population with the second-largest land territory by area of all
the emirates, after Abu Dhabi. Dubai and Abu Dhabi are the only two emirates to
have veto power over critical matters of national importance in the country's
legislature. Dubai City is located on the emirate's northern coastline.
The earliest recorded mention of Dubai is in 1095, and the earliest settlement
known as Dubai town dates from 1799. Its geographical location made it an
important trading hub and by the beginning of the 20th century, it was an
important port. In 1966, the year oil was discovered, Dubai and the emirate of
Qatar set up a new monetary unit to replace the Gulf Rupee. The oil economy led
to a massive influx of foreign workers, quickly expanding the city by 300% and
bringing in international oil interests. The modern emirate of Dubai was created
after the UK left the area in 1971. At this time Dubai, together with Abu Dhabi
and four other emirates, formed the United Arab Emirates. The following year Ras
al Khaimah joined the federation while Qatar and Bahrain chose to remain
independent nations. In 1973, the monetary union with Qatar was dissolved and
the UAE Dirham introduced throughout the UAE. A free trade zone was built around
the Jebel Ali port in 1979, allowing foreign companies unrestricted import of
labor and export capital. The Gulf War of 1990 had a negative financial effect
on the city, as depositors withdrew their money and traders withdrew their
trade, but subsequently the city recovered in a changing political climate and
thrived.
Today, Dubai City has emerged as a global city and a business hub. Although
Dubai's economy was built on the oil industry, the emirate's model of business
drives its economy, with the effect that its main revenues are now from tourism,
real estate, and financial services, similar to that of Western countries. Dubai
has recently attracted world attention through many innovative large
construction projects and sports events. This increased attention has
highlighted labor rights and human rights issues concerning its largely South
Asian workforce. Dubai's property market experienced a major deterioration in
2008 and 2009 as a result of the worldwide economic downturn following the
Financial crisis of 2007–2010.
